Ten rate rises are starting to bite, big time. One industry expert called it an “insolvency Armageddon”, with cash-troubled business wind-ups reaching 828 in March.
Ten rate rises are starting to bite, big time. One industry expert called it an “insolvency Armageddon”, with cash-troubled business wind-ups reaching 828 in March.
As the bad news of job cuts rise and Australia Post sacks 400 workers, you have to wonder if the RBA will deliver the good news of no rate rise next Tuesday?
Even if push comes to shove and there’s another hiccup rise, it looks like it’s the end of the line for rate rises. Even if I’m wrong, our future may not be as dismal as some think.
I will write again on the Voice referendum, but today begins with me predicting Saturday 14 October as polling day.
Good inflation news is expected today, which will help the Treasurer in all his budget calculations. And it looks like he has a BIG windfall coming.
Today Paul Rickard is joined by Jun Bei Liu and ST Wong.
The RBA Governor has a gamble on his hands: does he need to raise rates again or has he already done enough?
Dr Lowe’s mistaken ‘no interest rate change until 2024’ has led to some positive changes. Here’s a quick list of Dr Jim Chalmers’ sensible RBA reforms.
It’s Dr Jim versus Dr Phil and big changes are afoot for the RBA and its boss.
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